By Lauren Beale, Los Angeles TimesTheir internationally recognized names sell music and movie tickets. They promote perfumes and presidents. But when it comes to selling their own houses, celebrities often find that their cachet doesn’t pull in the cash.
Actors Goldie Hawn and Kurt Russell haven’t found a buyer for their Malibu beach house, which comes with a raft of celeb-friendly amenities including a covered outdoor living room, a spa-like bath retreat and a meditation room. So the couple have nipped $3.5 million from last year’s price, listing the Balinese-influenced oceanfront spread at $11.2 million.
Ozzy and Sharon Osbourne managed to sell their Malibu place for $7.925 million — nearly 21% off the original asking price. But the Architectural Digest-worthy Hidden Hills mansion owned by the first couple of hard rock has had no taker since it was listed last year at almost $13 million.
Actress Meg Ryan has put her Bel-Air manse back on the market at $11.4 million — a 42% price chop from its 2008 listing.
Although the masses respond to rock-star branding, housing is too expensive for celebrity ownership to make a measurable dollar difference, said Elizabeth Currid-Halkett, author of “Starstruck: The Business of Celebrity” and an associate professor at the USC School of Policy, Planning and Development.
Daily Archives: May 20, 2012
Federal government refuses to let
Tuscon Tombstone repair the water pipes destroyed in last year’s wildfire. The city gets 50-80% from the springs served by those pipelines. “If it saves the life of one newt, is any price, even the destruction of a town, too high a price?”
Cory Booker defends Bain Capital, says Obama’s being “small”. He also attacks Republicans for their attention to that Ol America Hater Wright. I disagree with him that Wright should be a non-issue, but it would be nice to have an election focused on real issues instead of free birth control for sluts.
Newark Mayor Cory Booker, a rising Democratic star and occasional superhero, criticized the Barack Obama campaign this morning on “Meet the Press.” What bothered Booker: Obama’s attack ad this week hitting Mitt Romney for his time at private-equity firm Bain Capital.
“I’m not about to sit here and indict private equity,” Booker said on the “Meet the Press” roundtable. “To me, we’re getting to a ridiculous point in America.
“Especially that I know I live in a state where pension funds, unions and other people invest in companies like Bain Capital. If you look at the totality of Bain Capital’s record, they’ve done a lot to support businesses, to grow businesses. And this, to me, I’m very uncomfortable with.”
It was part of Booker’s larger lament of divisive, distracting politics from both sides.
Booker compared the Bain Capital attack ads to the planned [“proposed” would be more accurate – Ed] super PAC ads that would have brought up Obama’s ties to the Rev. Jeremiah Wright. And he absolutely tore into both sides for distracting the American public from the real issues.
“This kind of stuff is nauseating to me on both sides. It’s nauseating to the American public,” Booker said. “Enough is enough — stop attacking private equity, stop attacking Jeremiah Wright. This stuff has got to stop. Because what it does is it undermines to me what this country should be focused on. It’s a distraction from the real issues. This is either going to be a small campaign about this crap, or it’s going to be a big campaign, in my opinion, about the issues that the American public cares about.”
UPDATE: Exactly as predicted, Liberals denounce Booker. He’s now being called the dreaded “C” word – centerist – that under the white liberal rule of managing kneegrows, is as bad as being uppity. “He’ll be wanting to marry our white women next”, fumed former television entertainer Keith Olbermann.
Defeated democrat candidate Bysiewicz calls her (Democrat) opponent a stooge of Wall Street, a 1% er and generally not a nice boy. Obama was unable to stop by to cheer her on because he was down on Wall Street conducting his third fund raiser of the day.
I hear that at this writing (5:00 PM) Romney is at Scott Frantz’s home in Riverside for a fund raiser and the great unwashed is gathered at the Riverside Shopping Center preparing to drive down to Meadow Road and disrupt things. Don’t know how many friends Dollar Bill and Fudrucker have rounded up for this party, but you might want to avoid the area for the next couple of hours.
Britain’s electricity costs to rise 25% because of renewable energy mandates. Here in Connecticut we’ve already seen that happen but there are still some benighted states who have escaped the wrath of the Greens. Obama will fix that, and soon. “You can continue to use electricity, but I’ll bankrupt you – oh, and you can keep your present health insurance too, if you dare.”